COLUMBUS – Ohio Secretary of State Frank LaRose on Thursday announced 10,812 new entities filed to do business in Ohio in August.
With more than 90,000 new business entities filing to do business this year, Ohio is ahead of last year’s record breaking pace.
"As I travel around our state, entrepreneurs often comment on Ohio’s strong business climate,” said LaRose. "It’s up to us to work every day to keep open that window of opportunity, empowering job creators to innovate and succeed so that Ohio’s families can prosper.”
Recently, Area Development Magazine ranked Ohio 9th in the "2019 Top States For Doing Business”.
New business filings are classified as forms filed with the Ohio Secretary of State that declare the formation of a business entity, including for-profit, non-profit and professional corporations, limited liability companies, partnerships, limited partnerships and limited liability partnerships.
Filing as a business in Ohio does not guarantee the company will begin operations, be profitable, or create jobs.
So far in 2019, 91,363 new businesses have filed to do business in Ohio compared to 87,124 at the same point in 2018.
Seven out of the past eight months have seen more than 10,000 new businesses created, LaRose said.